Common use of Reimbursements Clause in Contracts

Reimbursements. All reimbursements provided under this Agreement shall be made or provided in accordance with the requirements of section 409A, including, where applicable, the requirement that (i) any reimbursement is for expenses incurred during the Executive’s lifetime (or during a short period of time specified in this Agreement), (ii) the amount of expenses eligible for reimbursement during a calendar year may not affect the expenses eligible for reimbursement in any other calendar year, (iii) the reimbursement of all eligible expense will be made on or before the last day of the taxable year following the year in which the expense is incurred, and (iv) the right to reimbursement is not subject to the liquidation or exchange for another benefit. Any tax gross up payments to be made hereunder shall be made not later than the end of the Executive’s taxable year next following the Executive’s taxable year in which the related taxes are remitted to the taxing authority.

Appears in 10 contracts

Samples: Employment Agreement (COHEN & Co INC.), Employment Agreement (Cca Industries Inc), Employment Agreement (Cca Industries Inc)

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Reimbursements. All reimbursements provided under this Agreement shall be made or provided in accordance with the requirements of section 409A409A of the Code, including, where applicable, the requirement that (i) any reimbursement is for expenses incurred during the Executive’s lifetime (or during a short shorter period of time specified in this Agreement), (ii) the amount of expenses eligible for reimbursement during a calendar year may not affect the expenses eligible for reimbursement in any other calendar year, (iii) the reimbursement of all an eligible expense will be made on or before the last day of the taxable year following the year in which the expense is incurred, and (iv) the right to reimbursement is not subject to the liquidation or exchange for another benefit. Any tax gross up payments to be made hereunder shall be made not later than the end of the Executive’s taxable year next following the Executive’s taxable year in which the related taxes are remitted to the taxing authority.

Appears in 8 contracts

Samples: Executive Employment Agreement (Grow Condos, Inc.), Executive Employment Agreement (Symantec Corp), Executive Employment Agreement (Grow Condos, Inc.)

Reimbursements. All reimbursements provided under this Agreement shall be made or provided in accordance with the requirements of section 409A, including, where applicable, the requirement that (i) any reimbursement is for expenses incurred during the Executive’s lifetime (or during a short shorter period of time specified in this Agreement), (ii) the amount of expenses eligible for reimbursement during a calendar year may not affect the expenses eligible for reimbursement in any other calendar year, (iii) the reimbursement of all an eligible expense will be made on or before the last day of the taxable year following the year in which the expense is incurred, and (iv) the right to reimbursement is not subject to the liquidation or exchange for another benefit. Any tax gross up payments to be made hereunder shall be made not later than the end of the Executive’s taxable year next following the Executive’s taxable year in which the related taxes are remitted to the taxing authority.

Appears in 8 contracts

Samples: The Employment Agreement (RAIT Financial Trust), Employment Agreement (RAIT Financial Trust), Employment Agreement (RAIT Financial Trust)

Reimbursements. All reimbursements provided under this Agreement shall be made or provided in accordance with the requirements of section 409A, including, where applicable, the requirement that (i) any reimbursement is for expenses actually incurred during the Executive’s lifetime (or during a short period of time specified in this Agreement), (ii) the amount of expenses eligible for reimbursement during a calendar year may not affect the expenses eligible for reimbursement in any other calendar year, (iii) the reimbursement of all eligible expense will be made on or before the last day of the taxable year following the year in which the expense is incurred, and (iv) the right to reimbursement is not subject to the liquidation or exchange for another benefit. Any tax gross up payments to be made hereunder shall be made not later than the end of the Executive’s taxable year next following the Executive’s taxable year in which the related taxes are remitted to the taxing authority.

Appears in 5 contracts

Samples: Executive Agreement (Institutional Financial Markets, Inc.), Executive Agreement (Institutional Financial Markets, Inc.), Employment Agreement (Institutional Financial Markets, Inc.)

Reimbursements. All reimbursements provided under this Agreement shall be made or provided in accordance with the requirements of section 409ASection 409A of the Code, including, where applicable, the requirement that (i) any reimbursement is for expenses incurred during the Executive’s 's lifetime (or during a short shorter period of time specified in this Agreement), (ii) the amount of expenses eligible for reimbursement during a calendar year may not affect the expenses eligible for reimbursement in any other calendar year, (iii) the reimbursement of all an eligible expense will be made on or before the last day of the taxable year following the year in which the expense is incurred, and (iv) the right to reimbursement is not subject to the liquidation or exchange for another benefit. Any tax gross up payments to be made hereunder shall be made not later than the end of the Executive’s 's taxable year next following the Executive’s 's taxable year in which the related taxes are remitted to the taxing authority.

Appears in 4 contracts

Samples: Executive Employment Agreement (CUI Global, Inc.), Executive Employment Agreement (CUI Global, Inc.), Executive Employment Agreement (CUI Global, Inc.)

Reimbursements. All reimbursements provided under this Agreement shall be made or provided in accordance with the requirements of section 409A409A of the Code, including, where applicable, the requirement that (i) any reimbursement is for expenses incurred during the Executive’s 's lifetime (or during a short shorter period of time specified in this Agreement), (ii) the amount of expenses eligible for reimbursement during a calendar year may not affect the expenses eligible for reimbursement in any other calendar year, (iii) the reimbursement of all an eligible expense will be made on or before the last day of the taxable year following the year in which the expense is incurred, and (iv) the right to reimbursement is not subject to the liquidation or exchange for another benefit. Any tax gross up payments to be made hereunder shall be made not later than the end of the Executive’s 's taxable year next following the Executive’s 's taxable year in which the related taxes are remitted to the taxing authority.

Appears in 3 contracts

Samples: Executive Employment Agreement (Gold Lakes Corp.), Executive Employment Agreement (Teamupsport Inc.), Executive Employment Agreement (iWallet Corp)

Reimbursements. All reimbursements provided under this Agreement shall be made or provided in accordance with the requirements of section 409A409A of the Code, including, where applicable, the requirement that (i) any reimbursement is for expenses actually incurred during the Executive’s lifetime (or during a short shorter period of time specified in this Agreement), (ii) the amount of expenses eligible for reimbursement during a calendar year may not affect the expenses eligible for reimbursement in any other calendar year, (iii) the reimbursement of all eligible expense will be made on or before the last day of the taxable year following the year in which the expense is incurred, and (iv) the right to reimbursement is not subject to the liquidation or exchange for another benefit. Any tax gross up payments to be made hereunder shall be made not later than the end of the Executive’s taxable year next following the Executive’s taxable year in which the related taxes are remitted to the taxing authority.

Appears in 3 contracts

Samples: Separation, Release and Repurchase Agreement (Institutional Financial Markets, Inc.), Separation, Release and Repurchase Agreement (Institutional Financial Markets, Inc.), Separation, Release and Repurchase Agreement (Institutional Financial Markets, Inc.)

Reimbursements. All reimbursements provided under this Agreement shall be made or provided in accordance with the requirements of section 409A409A of the Code, including, where applicable, the requirement that (i) any reimbursement is for expenses incurred during the Executive’s lifetime (or during a short shorter period of time specified in this Agreement), (ii) the amount of expenses eligible for reimbursement during a calendar year may not affect the expenses eligible for reimbursement in any other calendar year, (iii) the reimbursement of all an eligible expense will be made on or before the last day of the taxable year following the year in which the expense is incurred, and (iv) the right to reimbursement is not subject to the liquidation or exchange for another benefit. Any tax gross gross-up payments to be made hereunder shall be made not later than the end of the Executive’s taxable year next following the Executive’s taxable year in which the related taxes are remitted to the taxing authority.

Appears in 2 contracts

Samples: Executive Employment Agreement (Chavant Capital Acquisition Corp.), Executive Employment Agreement (Chavant Capital Acquisition Corp.)

Reimbursements. All reimbursements provided under this Agreement shall be made or provided in accordance with the requirements of section Section 409A, including, where applicable, the requirement that (i) any reimbursement is for expenses incurred during the Executive’s lifetime (or during a short shorter period of time specified in this Agreement), (ii) the amount of expenses eligible for reimbursement during a calendar year may not affect the expenses eligible for reimbursement in any other calendar year, (iii) the reimbursement of all an eligible expense will be made on or before the last day of the taxable year following the year in which the expense is incurred, and (iv) the right to reimbursement is not subject to the liquidation or exchange for another benefit. Any tax gross up payments to be made hereunder shall be made not later than the end of the Executive’s taxable year next following the Executive’s taxable year in which the related taxes are remitted to the taxing authority.

Appears in 2 contracts

Samples: Release of Claims (Blue Marble Energy Corp), Release of Claims (Blue Marble Energy Corp)

Reimbursements. All reimbursements provided under this Agreement shall be made or provided in accordance with the requirements of section 409ASection 409A of the Code, including, where applicable, the requirement that (i) any reimbursement is for expenses incurred during the Executive’s lifetime (or during a short shorter period of time specified in this Agreement), (ii) the amount of expenses eligible for reimbursement during a calendar year may not affect the expenses eligible for reimbursement in any other calendar year, (iii) the reimbursement of all an eligible expense will be made on or before the last day of the taxable year following the year in which the expense is incurred, and (iv) the right to reimbursement is not subject to the liquidation or exchange for another benefit. Any tax gross up payments to be made hereunder shall be made not later than the end of the Executive’s taxable year next following the Executive’s taxable year in which the related taxes are remitted to the taxing authority.

Appears in 2 contracts

Samples: The Employment Agreement (Marlin Business Services Corp), The Employment Agreement (Marlin Business Services Corp)

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Reimbursements. All reimbursements provided under this Agreement shall be made or provided in accordance with the requirements of section 409A409A of the Code, including, where applicable, the requirement that that: (i) any reimbursement is for expenses incurred during the Executive’s 's lifetime (or during a short shorter period of time specified in this Agreement), (ii) the amount of expenses eligible for reimbursement during a calendar year may not affect the expenses eligible for reimbursement in any other calendar year, (iii) the reimbursement of all an eligible expense will be made on or before the last day of the taxable year following the year in which the expense is incurred, and (iv) the right to reimbursement is not subject to the liquidation or exchange for another benefit. Any tax gross up payments to be made hereunder shall be made not later than the end of the Executive’s 's taxable year next following the Executive’s 's taxable year in which the related taxes are remitted to the taxing authority.

Appears in 1 contract

Samples: Executive Employment Agreement (KonaRed Corp)

Reimbursements. All reimbursements provided under this Agreement shall be made or provided in accordance with the requirements of section 409A, including, where applicable, the requirement that (i) any reimbursement is for expenses incurred during the Executive’s 's lifetime (or during a short period of time specified in this Agreement), (ii) the amount of expenses eligible for reimbursement during a calendar year may not affect the expenses eligible for reimbursement in any other calendar year, (iii) the reimbursement of all eligible expense will be made on or before the last day of the taxable year following the year in which the expense is incurred, and (iv) the right to reimbursement is not subject to the liquidation or exchange for another benefit. Any tax gross up payments to be made hereunder shall be made not later than the end of the Executive’s 's taxable year next following the Executive’s 's taxable year in which the related taxes are remitted to the taxing authority.

Appears in 1 contract

Samples: Employment Agreement (Cca Industries Inc)

Reimbursements. All reimbursements provided under this Agreement shall be made or provided in accordance with the requirements of section 409A, including, where applicable, the requirement that (i) any reimbursement is for expenses incurred during the ExecutiveEmployee’s lifetime (or during a short period of time specified in this Agreement), (ii) the amount of expenses eligible for reimbursement during a calendar year may not affect the expenses eligible for reimbursement in any other calendar year, (iii) the reimbursement of all eligible expense will be made on or before the last day of the taxable year following the year in which the expense is incurred, and (iv) the right to reimbursement is not subject to the liquidation or exchange for another benefit. Any tax gross up payments to be made hereunder shall be made not later than the end of the ExecutiveEmployee’s taxable year next following the ExecutiveEmployee’s taxable year in which the related taxes are remitted to the taxing authority.

Appears in 1 contract

Samples: Severance Agreement (Cca Industries Inc)

Reimbursements. All reimbursements and in-kind benefits provided under this Agreement shall be made or provided in accordance with the requirements of section 409A, including, where applicable, the requirement that (i1) any reimbursement is for expenses incurred during the Executive’s 's lifetime (or during a short shorter period of time specified in this Agreement), (ii) the amount of expenses eligible for reimbursement reimbursement, or in-kind benefits provided, during a calendar year may not affect the expenses eligible for reimbursement reimbursement, or in-kind benefits to be provided, in any other calendar year, (iii) the reimbursement of all an eligible expense will be made on or before the last day of the taxable year following the year in which the expense is incurred, and (iv) the right to reimbursement or in-kind benefits is not subject to the liquidation or exchange for another benefit. Any tax gross up payments to be made hereunder shall be made not later than the end of the Executive’s 's taxable year next following the Executive’s 's taxable year in which the related taxes are remitted to the taxing authority.

Appears in 1 contract

Samples: Employment Agreement (Elan Corp PLC)

Reimbursements. All reimbursements provided under this Agreement shall be made or provided in accordance with the requirements of section 409A409A of the Code, including, where applicable, the requirement that (i) any reimbursement is for expenses incurred during the Executive’s lifetime (or during a short period of time specified in this Agreement), (ii) the amount of expenses eligible for reimbursement during a calendar year may not affect the expenses eligible for reimbursement in any other calendar year, (iii) the reimbursement of all eligible expense will be made on or before the last day of the taxable year following the year in which the expense is incurred, and (iv) the right to reimbursement is not subject to the liquidation or exchange for another benefit. Any tax gross up payments to be made hereunder shall be made not later than the end of the Executive’s taxable year next following the Executive’s taxable year in which the related taxes are remitted to the taxing authority.

Appears in 1 contract

Samples: Employment Agreement (COHEN & Co INC.)

Reimbursements. All reimbursements provided under this Agreement shall be made or provided in accordance with the requirements of section 409ASection 409A of -12- the Code, including, where applicable, the requirement that (iA) any reimbursement is for expenses incurred during the Executive’s lifetime (or during a short shorter period of time specified in this Agreement), (iiB) the amount of expenses eligible for reimbursement during a calendar year may not affect the expenses eligible for reimbursement in any other calendar year, (iiiC) the reimbursement of all an eligible expense will be made on or before the last day of the taxable year following the year in which the expense is incurred, and (ivD) the right to reimbursement is not subject to the liquidation or exchange for another benefit. Any tax gross up payments to be made hereunder shall be made not later than the end of the Executive’s taxable year next following the Executive’s taxable year in which the related taxes are remitted to the taxing authority.

Appears in 1 contract

Samples: Employment Agreement (Elan Corp PLC)

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